One of the primary requirements for effective Spend Control is a central directory of properly qualified suppliers covering all important categories. Your organisation can only be expected to buy from better value, low risk suppliers if such suppliers are available to them at purchase time.

An important requirement for effective Spend Control is a central repository of supplier contracts. You work hard to identify the best suppliers and negotiate best value agreements. Contracts ‘lock in’ those terms for use by the organisation. But those advantages are lost when contracts are not closely monitored and managed.